Home > Farmers and Merchants Bank in Cooperstown > Income and Expense
Farmers and Merchants Bank in Cooperstown, Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,024,000 | 10,853 |
| Total interest expense | $967,000 | 10,549 |
| Net interest income | $1,057,000 | 10,866 |
| Provision for loan and lease losses | $-113,000 | 13,726 |
| Total noninterest income | $118,000 | 11,242 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $85,000 | 8,993 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $33,000 | 11,562 |
| Total noninterest expense | $603,000 | 12,048 |
| Salaries and employee benefits | $330,000 | 11,663 |
| Premises and equipment expense | $44,000 | 12,911 |
| Additional noninterest expense | $229,000 | 11,831 |
| Pre-tax net operating income | $685,000 | 7,185 |
| Securities gains (losses) | $68,000 | 3,635 |
| Applicable income taxes | $259,000 | 6,530 |
| Income before extraordinary items | $494,000 | 7,395 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $494,000 | 7,486 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-102,000 | 13,724 |
| Cash dividends | $370,000 | 3,514 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $449,120 | 7,390 |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.